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> Economy

Govt says IMF wants pension reform, opposes reinstated collective labour agreement framework

Same sources said the Greek government presented detailed charts showing the relevance of collective bargaining agreements to growth

Newsroom May 3 10:18

Pension reforms and opposition to the previous regime of collected bargaining agreements are apparently the IMF’s “red lines” in talks with the Greek government by the so-called “Brussels Group” of institutional lenders.

In terms of the leftist government’s view on the latest impasse, “sources” on Saturday evening referred to an incomprehensible insistence by IMF negotiators.

The same sources said the Greek government presented detailed charts showing the relevance of collective bargaining agreements to growth, whereas the same sources maintained that for the SYRIZA government the issue is even more important than a “red line”.

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